Top economist warns: "The US is dangerously close to bankruptcy

The biggest concern for the US economy is the loss of liquidity in the US financial system due to a faltering bond market, says Sander Tordoir, chief economist at the think tank Centre for European Reform, in BNR Boekestijn and De Wijk. ‘If that falls apart, you really have a heart attack at the core of the financial system and that was kind of in danger of happening.’ After the stock markets fell sharply due to growing concerns about Trump’s hu…

Germany's most renowned economist Hans-Werner Sinn gave a detailed lecture on Donald Trump's trade war. He pleads against Trump's tariffs and for free trade. Sinn analyses past experiences with trade wars, which led to enormous economic problems. Trump's current approach is analysed in detail, and an outlook is provided on what Europe and Germany are doing [...] The post Hans-Werner Sinn about "Trump and the destruction of the international trad…

The global economy is burdened by Trump's tariffs. In America, the fear of recession increases. Economist Hans-Werner Sinn calls for more cohesion in Europe.

Trump's tariffs keep the global economy in motion. In the US, concerns about recession are growing. Economist Hans-Werner Sinn calls for more cohesion from Europe.